API/infrastructure
Categories · Product form
6 companies · Growing sample. Treat patterns here as early signals, not findings.
4ranked (Trust 2+ and Strength 12+)
2with strong evidence (Trust 3+)
3with proven demand (Demand 4+)
–median annual revenue: not enough comparable figures yet
Companies
- AppLovin$1,924M revenue, Q2 202622Trust 5/5 · Strength 22/25 · Demand 4/5
- fal$800M annualized revenue (run-rate), per The Information, September 20268.8Trust 2/5 · Strength 16/25 · Demand 4/5
- Vercel$600M annualized revenue run rate, up 148% YoY, Oct 2026 · self-reported8.3Trust 2/5 · Strength 15/25 · Demand 4/5
- OpenRouter$140M annualized revenue (estimate), July 2026, July 20268.3Trust 2/5 · Strength 15/25 · Demand 3/5
- IREN$145M revenue, Q3 2026WatchlistTrust 5/5 · Strength 11/25 · Demand 3/5
- Nous Research$36M annualized revenue, Mid-September 2026 · self-reportedWatchlistTrust 2/5 · Strength 9/25 · Demand 3/5
How sure we are
Best source behind each company’s figures.
How they make money
Business models
How they sell
What it took to build
Only sourced figures are counted. Unknown is never treated as small.